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Aircraft Supplier & MRO News.

Mar 15, 2009

With over half of all aircraft orders coming from the Middle East, the region's aviation industry looks set to survive the economic downturn. Middle Eastern airlines will be gathering in Dubai on March 24 & 25 to discuss their maintenance strategies and listen to presentations from a line-up of top speakers at the Middle East Airline Engineering & Maintenance Conference 2009. Topics on offer include an analysis of growth and opportunities for airlines and MROs in the region and a variety of technical subjects focusing on the maintenance of engines, components, and interiors. There will also be presentations on maintenance management, featuring This event is endorsed by the Arab Air Carriers Organization (AACO) and is sponsored by HEICO, Mxi Technologies, AeroTurbine, Willis Lease, and Turkish Technic. and scheduling, software, and manpower topics. The event is produced by Aviation Industry Conferences (http://www.aviationindustryconferences.com), part of UBM Aviation (http://www.ubmaviation.com). Mar 13, 2009

Shedding, integrating and consolidating should be major themes of aircraft maintenance in the next few years. Some airlines want to shed technical tasks and management burdens that others can do more economically. Maintenance providers will need to integrate repairs, materials, logistics and management to take over these tasks. And because there are so many parts suppliers, efficient support will require some consolidation of the supply chain to make it all workable. Aviation manufacturers have distinctive advantages in working with these themes. They know their products and customers, and they have the financial strength to plan ambitiously. Airframe OEMs can consolidate materials from many specific component suppliers and, most aggressively, add airframe maintenance itself. Engine manufacturers already have shown they can integrate and consolidate their supply chains. The largest component manufacturers also integrate support for enough parts to work efficiently with airlines. Mar 12, 2009

AD Aerospace

AD Aerospace said charter carrier Air Italy selected its CabinVu-123 cockpit door surveillance technology for its 737s. Mar 9, 2009

American Airlines

American Airlines yesterday said that "early speculation" regarding Wednesday's MD-80 JT8D-200 engine failure that led to debris falling on a New York City neighborhood and an emergency landing at New York JFK is that an object was sucked into the engine and damaged fan blades, according to the Associated Press. Mar 13, 2009

American Airlines

American Airlines says the engine failure that caused a jet to make an emergency landing in New York on Wednesday may have been caused by an object - something other than a bird - sucked into the engine. An American spokesman on Thursday defended the airline's maintenance of the jet, saying it had been put through all required safety inspections and that it appeared to be operating normally. The jet suffered engine failure taking off Wednesday from LaGuardia LGA and had to make an emergency landing at nearby New York Kennedy Airport. Pieces of one of the jet[sup.1]s two engines were found embedded in the fuselage, and other metal debris landed on the roof of a plumbing business. Mar 12, 2009

American Airlines

American reconsiders maintenance bases. With its operations shrinking, American Airlines is "thinking about right-sizing all of our assets," including the closure of a maintenance base. "With our fleet the size it is today, we may not need three maintenance bases," CFO Tom Horton said Tuesday. An official with the Transport Workers Union said such a move would be "extremely shortsighted." Mar 11, 2009

American Airlines, Boeing

American Airlines and Aviation Partners Boeing (APB) announced today the first revenue flight of a Boeing 767-300ER with APB's Blended Winglets. American Flight #78 left Dallas/Fort Worth DFW Sunday, March 8, at 8:35 p.m. with 204 passengers onboard and arrived ahead of schedule at London LHR on Monday, March 9, at 10:26 a.m. The increased lift provided by the winglets, without a corresponding increase of engine power, improves fuel efficiency. Each airplane equipped with the winglets is expected to save up to 500,000 gallons of fuel annually depending on miles flown, according to APB. American plans to install winglets on its entire 58 aircraft fleet of 767-300ERs, which could result in a total savings of up to 29 million gallons of fuel per year. That represents a significant potential increase to the 111 million gallons of fuel that American currently saves through its Fuel Smart efficiency program. Mar 9, 2009

Boeing, British Airways, Rolls-Royce

Experts have warned there is a [sup.3]high probability[sup.2] that a fault which caused a British Airways jet to crash-land at London Heathrow LHR could hit other Boeing 777s. US air accident investigators called for a component to be redesigned after a Delta Air Lines plane reportedly encountered a similar problem. Manufacturers Rolls-Royce say the new part should be ready within the year. It comes after tests proved a build-up of ice in the engine was the most likely cause of the Heathrow crash. Mar 13, 2009

Finnair Technical

Finnair Technical Services and Iberia Maintenance signed a seven-year component support agreement under which Iberia will provide spares and related repair services for AY A330s and A340s. FTS in turn will perform component repairs on IB A320s and CFM-56B engines. The contract is expected to generate around [euro]30 million ($37.8 million) in turnover. Work will commence in April, when IB is scheduled to send an A320 to FTS for heavy maintenance. Mar 9, 2009

FLIR Systems

FLIR Systems Inc. announces final results of exchange offer for its 3% senior convertible notes due 2023, says about 52.2% of notes outstanding were validly tendered and not withdrawn. Mar 10, 2009

GE Aviation

GE Aviation in Ohio is investing hundreds of millions of dollars in the one segment of that market in which it[sup.1]s not a major player. It is making a concerted push on several fronts into general aviation, devel op ing smaller engines that power business jets and other light and midsize aircraft that are not part of the airline industry. Mar 13, 2009

GE Sensing, Honeywell, Airbus

GE Sensing & Inspection Technologies announced a 25-year pressure sensor contract with Honeywell, which will use them on the A350 XWB's air management and conditioning system. Contract is expected to generate $80 million, GE said. Mar 9, 2009

Goodrich Corp.

Goodrich Corp. Chief Executive Marshall O. Larsen received compensation last year valued at about $9.8 million USD, up 28% from the previous year, according to an Associated Press calculation of figures disclosed in a regulatory filing Thursday. The Charlotte, N.C.-based company, whose 2008 net income jumped approximately 41% year-over-year, paid Larsen a salary of $1.1 million USD, roughly in line with his 2007 salary. Goodrich increased his performance-based bonus, also known as non-equity incentive plan compensation, to nearly $2.2 million USD from $1.8 million USD in 2007. Larsen received $193,549 USD in other compensation, which included $15,000 USD in car allowance, $12,000 USD worth of financial counseling and tax prep, a $17,694 USD club membership, $31,989 USD worth of airplane use and $71,806 USD in savings plan matching contributions, among other items. Mar 13, 2009

Hong Kong Aircraft Engineering

Hong Kong Aircraft Engineering Co. net profit up 6.1% for year ended December 31, 2008. Mar 10, 2009

Lufthansa Technik

Lufthansa Technik achieved an operating profit of 299 million EUR in 2008, up 2% from its 2007 operating profit of 293 million EUR, according to figures released by the company. The company's pre-tax profit for the year was 295 million EUR, up 2.6% from 2007. LHT's full-year revenue increased 4.1% to 3.717 billion EUR in 2008 from 3.571 billion EUR in 2007. Total expenditures rose 3.7% to 3.6 billion EUR, although the cost of materials and services actually declined slightly (0.9%) due to process optimization and the [sup.3]favorable development[sup.2] of the euro/dollar exchange rate, the company said. Staff costs were up 1.9% as a result of a new wage agreement reached last summer with workers in Germany and an overall increase in the number of employees. The average annual workforce of the group[sup.1]s 20 consolidated companies increased by 466 people to 19,199. LHT Group has more than 26,000 employees across all of its direct and indirect holding companies, the MRO said. Mar 12, 2009

Pratt & Whitney

UTC's Pratt & Whitney unit, based in East Hartford, Conn., will furlough workers for five days in 2009 [sup.3]in response to unprecedented economic challenges,[sup.2] the company said in a statement today. The East Hartford jet engine manufacturer said the furloughs would help minimize layoffs that might be necessary due to falling demand from customers. Pratt's U.S. facilities will shut down on Monday, April 13; Friday, May 22; Friday, Sept. 4; Monday, Oct. 12; and Wednesday, Nov. 25. The company also cut its 2009 profit forecast 13% Tuesday and will eliminate 11,600 jobs, or 5% of its global work force. Mar 10, 2009

Rockwell Collins

Based on the aggregated intelligence of 130,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, aerospace and defense company Rockwell Collins has earned a coveted five-star ranking. Over on CAPS, 310 of the 324 members who have rated Rockwell -- or 96% -- believe the stock will outperform the S&P 500 going forward. Mar 10, 2009

Rolls-Royce, Boeing

Interim safety measures put in place on 220 airliners with an engine flaw are [sup.3]insufficient[sup.2] to prevent the risk of a fatal crash, according to the US air safety body. The National Transportation Safety Board said that passengers could not be sure that the procedures, adopted by airlines flying Boeing 777s with Rolls-Royce engines, would work. The board[sup.1]s report will increase the pressure on British Airways to ground 15 of its 777s, the airline[sup.1]s most profitable aircraft, until the flawed component can be replaced with a redesigned part. Mar 14, 2009

Rolls-Royce, Boeing

Initially Rolls-Royce had difficulty selling the engine: British Airways, traditionally a Rolls-Royce customer, submitted a big order for the competing General Electric GE90 engine. The breakthrough came when the company won orders from Singapore Airlines, previously a staunch Pratt & Whitney customer, for its 34 Boeing 777s; this was soon followed by large North American orders from American Airlines and Delta Air Lines for their 777 fleets. British Airways announced in September 1998 that it was returning to Rolls-Royce for its second batch of 777s, and did so again in April 2007. The Trent 800 has a 41% share of the engine market on the 777 variants for which it is available. On 17 January 2008, a British Airways Boeing 777-236ER, operating as flight number BA038 from Beijing to London, crash-landed at Heathrow after both Trent 800 engines lost power during the aircraft's final approach. The subsequent investigation found that the cause was ice released from the fuel system which accumulated on the fuel-oil heat exchanger leading to a restriction of fuel flow to the engines. Rolls-Royce is developing a modification to prevent the problem recurring. Mar 13, 2009

Rolls-Royce, Boeing

Rolls-Royce needs to redesign Trent 800 component to prevent icing. The US National Transportation Safety Board late Wednesday issued an "urgent safety recommendation" calling for Rolls-Royce to "redesign" the Trent 800's fuel/oil heat exchanger to prevent the fuel feed system icing that is believed to have caused both the uncommanded loss of thrust on a Delta Air Lines 777-200ER last November and the dual rollback that led to the January 2008 British Airways -200ER crash landing at London Heathrow. The UK's Air Accidents Investigation Board yesterday issued a second interim report on the LHR crash that details extensive testing conducted by Boeing demonstrating that the accident likely was caused by FOHE ice buildup that restricted fuel flow. US FAA recently issued an amended airworthiness directive pertaining to Trent 800-powered 777s to incorporate new procedures recommended by Boeing to reduce the risk of fuel feed system icing. The Trent 800 has a 41% share of the engine market on the 777 variants for which it is available. Mar 13, 2009

Rolls-Royce, Boeing

The first Boeing 777 with Trent 800 engines flew in May 1995, and entered service with Cathay Pacific in April 1996. 180 minutes ETOPS approval was granted by the FAA on 10 October 1996. The engine[sup.1]s history started Boeing was investigating during the late 1980s an enlarged development of its 767 model dubbed the 767X, for which Rolls-Royce proposed the Trent 760. By 1990 Boeing abandoned its planned 767X and instead decided to launch a new, larger aircraft family designated 777 with a thrust requirement of 80,000 lbf (360 kN) or more. The Trent 700's 2.47 m (97 in) diameter fan would not be big enough to meet this requirement, so Rolls proposed a new version with a 2.80 m (110 in) fan diameter, designated Trent 800. Rolls brought in Kawasaki Heavy Industries and Ishikawajima-Harima Heavy Industries as risk and revenue sharing partners who between them took an 11 per cent stake in the Trent 700 and 800 programs. Testing of the Trent 800 began in September 1993, and certification was achieved in January 1995. Mar 13, 2009

Rolls-Royce, Boeing

NTSB urges redesign for some 777 engines. After two Boeing 777s lost engine thrust within a 12-month period, the National Transportation Safety Board is calling for a redesign of the Rolls-Royce engines installed on more than 200 of the jets worldwide. Minus a major redesign, "We believe that there is a high probability of something similar happening again," says acting NTSB Chairman Mark Rosenker. Rolls-Royce said last month it is already working on a new design for the engine which could be ready for installation next year. About two-thirds of the 777s in use worldwide are powered by engines from GE or Pratt & Whitney, which are not subject to the NTSB recommendation. Mar 12, 2009

Rolls-Royce, Boeing

The National Transportation Safety Board issued an urgent safety warning Wednesday for Boeing 777s powered by Rolls-Royce engines because two of the big jets lost power during flights. One crashed while landing at Heathrow Airport in London. Some 228 of the twin-engine jets, which can carry upward of 350 passengers, are in service with airlines around the world. [sup.3]With two of these rollback events (losing engine thrust) occurring within a year, we believe that there is a high probability of something similar happening again,[sup.2] said NTSB acting Chairman Mark Rosenker. The safety board, which can make only recommendations, wants the Rolls-Royce engine redesigned. The Federal Aviation Administration, which would have to order any redesign, said late Wednesday that it had only just received the NTSB letter and had not yet had time to study the board's recommendations. Mar 11, 2009

Spirit AeroSystems

Spirit AeroSystems CEO Jeffrey Turner, whose company is a major parts supplier for 737NGs, said at the conference that Boeing is "typically looking at six-month lead times on average" to make decisions on reducing production. He said preparing for a possible rate cut is "a major focus of our management team." Mar 11, 2009

TAT Technologies

TAT Technologies Ltd., reported today its results for the three and twelve month periods ended December 31, 2008. TAT Technologies Ltd. (TAT), directly and through its subsidiaries, provides a variety of services and products to the aerospace industry, such as the manufacture, maintenance and repair of a broad range of heat transfer components (such as heat exchangers, pre-coolers and oil/fuel hydraulic coolers) used in mechanical and electronic systems on-board commercial, military and business aircraft; other environmental control and cooling systems and a variety of other electronic and mechanical aircraft accessories. TAT announced net income of $784,000 USD on revenues of $31.1 million USD for the three months ended December 31, 2008 compared to net income of $1.4 million USD on revenues of $19.8 million USD for the three months ended December 31, 2007. For the twelve months ended December 31, 2008, TAT announced net income of $4.3 million USD on revenues of $103.3 USD million compared to net income of $32.0 million USD and revenues of $88.7 million USD for the same period ended December 31, 2007. Mar 12, 2009

Teledyne Controls, Blue Wings

Teledyne Controls said German charter airline Blue Wings selected its Flight Data Interface Management Unit for 20 new A320s. First delivery is expected in August. Technology will perform flight data acquisition, aircraft condition monitoring and data recording. Mar 9, 2009

TriQuint Semiconductor

TriQuint Semiconductor, a leading RF product manufacturer and foundry services provider, today announced that it has fulfilled initial production orders from Northrop Grumman Corporation to support the F-35 Lightning II fire control radar system. The F-35, also referred to as the Joint Strike Fighter (JSF), is being developed by Lockheed Martin Corporation with primary partners Northrop Grumman and BAE Systems. The program is forecast to deliver several thousand aircraft by the mid-2030s. TriQuint has fabricated, tested and delivered power amplifiers, other gallium arsenide (GaAs) devices and bulk acoustic wave (BAW) filters for this multi-role, multi-national aircraft[sup.1]s phased array radar system. These products support Northrop[sup.1]s role in developing radar and other systems for the JSF. TriQuint[sup.1]s devices are manufactured in a continually evolving portfolio of leading-edge technologies. Mar 9, 2009

Vought Aircraft

Vought Aircraft Industries, Inc. today reported financial results for its fourth quarter and year ended Dec. 31, 2008, reflecting continued annual revenue and net income growth despite pressure from recent headwinds. Revenue for the fourth quarter of 2008 was $413.2 million USD, an increase of $18.3 million USD or 5%, compared with revenue of $394.9 million USD for the same period last year. Growth was driven by increases in the company[sup.1]s military business. Mar 12, 2009

Vought Aircraft

Vought Aircraft Industries, Inc. today reported financial results for its fourth quarter and year ended Dec. 31, 2008, reflecting continued annual revenue and net income growth despite pressure from recent headwinds. [sup.3]Our 2008 results were tempered by several factors, the 787 program delay, the Boeing strike, the IAM strike at our Nashville facility and ongoing pension funding requirements. Even with these challenges, our operational improvements enabled us to show some steady progress for the year,[sup.2] said Vought President and Chief Executive Officer Elmer Doty. [sup.3]As we move into 2009, we are ready to quickly adjust to changing conditions in our marketplace. Our balanced military and commercial portfolio will serve us well in these challenging times.[sup.2] Revenue for the fourth quarter of 2008 was $413.2 million USD, an increase of $18.3 million USD or 5%, compared with revenue of $394.9 million USD for the same period last year. Growth was driven by increases in the company[sup.1]s military business. Mar 12, 2009

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Publication:AirGuide Business
Article Type:Company overview
Date:Mar 16, 2009
Words:3223
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